MYND Life Sciences Inc.

MYND Life Sciences Inc.

MYNDF
MYND Life Sciences Inc.US flagOther OTC
0.01
USD
- -
- -
657,843.00Market Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
-0.1
-0.08
-0.03
-0.01
Free Cash Flow per Basic Share
-0.07
-0.04
- -
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
-0.04
-0.1
-0.13
-0.16
Tangible Book Value per Share
- -
-0.08
-0.11
-0.13
Basic Weighted Avg Shares
45
47
47
47
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
-128,598,000
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
-4
-4
-2
-1
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-54,256,500
Working Capital
2
-4
-5
-6
LT Debt
2
- -
- -
- -
Total Equity
- -
-4
-5
-6
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
0.4
Return on Common Equity (%)
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jan'24
Apr'24
Jul'24
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
1
1
1

Working Capital

FRC

in mil. unless spec.
Jan'24
Apr'24
Jul'24
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
6
6
7
Payables & Accruals
3
3
4
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
40.91%
Free Cash Flow
- -
- -
-89.1%
Net Income, GAAP
- -
- -
-57.45%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.03
-0.02
-0.02
- -
-0.08
2023
-0.02
-0.01
-0.01
- -
-0.03
2024
-0.01
-0.01
-0.01
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Wilfred A. Jefferies
Sector
Healthcare
Industry
Biotechnology
Address
733 Finns Road Kelowna BC Canada V1X 5B7
IPO Date
Sep 22, 2021
Business
MYND Life Sciences Inc is a clinical-stage life sciences company focused on developing and commercializing neuro-pharmaceutical drugs and diagnostic tools targeting mental health disorders, primarily Major Depressive Disorder (MDD) and Treatment-resistant Depression (TRD). The company develops proprietary biomarker tests designed to diagnose and monitor depression, alongside novel psychedelic pharmaceuticals focusing on non-hallucinogenic psilocybin analogs with enhanced bioactivity for safer and more effective treatments. MYND's product pipeline includes drug candidates such as MYND-604 and MYND-778, which target neuro-inflammatory pathways linked to depression and other related diseases including autoimmune disorders, multiple sclerosis, and Alzheimer's disease. Founded in Vancouver, British Columbia, MYND operates primarily in Canada but advances its clinical and research collaborations internationally, including funding-supported studies at Monash University in Australia. In the last two years, MYND has strategically reduced debt by converting $3.5 million of debentures to equity shares, improving its financial stability. The company has successfully navigated regulatory and operational challenges to position its depression biomarker test for imminent commercial availability, targeting initial market entry as a pioneering diagnostic tool in mental health. Additionally, MYND expanded its executive leadership by appointing new board members and management to support its commercialization and development efforts. MYND Life Sciences specializes in neuro-pharmaceutical research and development of new biological and chemical entities derived from psychedelic compounds aimed at treating neuro-inflammatory and mental health conditions. It focuses on advancing rigorous science with intellectual property protections to deliver unique molecular concepts that address unmet needs in treating depression and inflammation-related diseases. The company continually develops its clinical-stage products towards FDA approval and commercialization, emphasizing personalized patient management through its biomarker technology and therapeutic agents. Recent strategic moves reflect a commitment to strengthening governance, reducing liabilities, and ensuring robust progression of its novel drug pipeline and diagnostic platform.

Company News

APIChat
  • MYND Life Sciences Announces Shares for Debt Transaction

  • MYND Life Sciences Announces the Issuance of 4,000,001 Shares at $0.71/share

  • MYND Life Sciences Announces Successful Conclusion of Debenture Settlement Agreement and Leadership Transition

  • MYND Life Sciences Announces Strategic Debt Reduction and New Board Member Appointment

  • MYND Life Sciences Announces Proposed Share Issuance to Remove Debenture and $3.440 M in debt on business

  • MYND Life Sciences Announces New Director & Update on the Proposed Merger with Cava Healthcare Inc.

  • MYND Life Sciences Inc. Announces the Appointment of Mr. John Campbell as President and Chief Executive Officer

  • Dr. Lyle Oberg Appointment as Board Chair of Alberta Health Services and Executive Chair of MYND Life Sciences

  • MYND Life Sciences Inc. Announces Non-Binding LOI to enable merger with Cava Healthcare Inc.

  • MYND Life Sciences Announces Update on Payment Obligations Under Unsecured Convertible Debentures